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(CNN) — It’s not just gas. It’s the car repair, the doctor’s visit, the plane ticket, the computer upgrade, the new clothes. Inflation rose faster than expected last month, and more broadly than expected, with price pressures extending well beyond the pump, new Bureau of Labor Statistics data showed Wednesday. The…
Consumer prices in the US accelerated in September as a surge in gasoline lifted headline inflation,
Hotter inflation, oil above $107 and Treasury yields at multi-year highs have put Bitcoin’s $80,000 floor under pressure. With the Fed caught between stubborn prices and a weakening labor market, the next rate decision could determine whether BTC holds its range or breaks lower.